Active
102 N Holliston Avenue
Pasadena CA, 91106
$4,980,000
$664.71 per sqft
Active
7,492 sqft
Multi-family
Built in 1959
Listed by Han Chen with Growth Investment Group Pasade 626-594-4900
102 N Holliston Ave, a rare gem in the heart of Pasadena, where prime location meets incredible potential. Welcome to 102 N Holliston Ave, an exceptional 11-unit apartment building that presents a lucrative value-add opportunity for savvy investors. Situated in one of Pasadena's most desirable neighborhoods, this property enjoys proximity to two renowned educational institutions - the prestigious CALTECH and Pasadena City College (PCC). With a constant influx of students, faculty, and staff seeking convenient housing options, 102 N Holliston Ave offers an ideal location for long-term tenant retention and consistent rental demand. This well-maintained apartment complex presents an excellent canvas for value-add enhancements. With a creative vision and strategic renovations, buyer has the opportunity to elevate the property's value and maximize the returns. Explore the potential for upgrading individual units, enhancing common areas, and implementing modern amenities to attract discerning renters seeking a comfortable, contemporary lifestyle. The property was built in 1959 and situated on southeast corner of Holliston Ave and Union St. It has a total of ±7,492SF building size and is situated on a large ±15,382SF R4 lot. It offers an excellent unit mix of one (1) 3-bedroom+2-bathroom, two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. 4 out of 11 of the units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades, new high durability wood vinyl and tile flooring, state of the art mini-split HVAC systems, new kitchens which include new cabinets, new modern quartz countertops (w/ small breakfast counter), and new stainless-steel appliances (gas range, refrigerator, dishwasher, wine cooler, and kitchen vent hood), new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures, and new led lighting in living room, bedroom and kitchen area, mirrored closet doors. These 4 units have an in-unit laundry machine (seller provided). Each unit has a private balcony/semi-private patio. There are 12 parking spaces provided by a detached carport and tuck-under parking in the back. There is a shared laundry area in the parking area. Each unit is separately metered for gas and electricity and serviced by central water heaters.
AR23121674
MLSⓇ ID
July 7, 2023
Listed
October 27, 2023
Updated
Map
102 N Holliston Avenue
Pasadena CA, 91106
Interior Features
Total Stories
2
Appliances
Dryer, Washer
Laundry Description
Common Area, Washer Hookup, Gas Dryer Hookup, In Carport
Floor Description
Laminate, Vinyl, Wood
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.35 acres
Lot Features
Lawn, Near Public Transit, Rectangular Lot, Street Level
Sewer
Public Sewer
Other Property Details
Days on Market
112
Association Amenities
Suburban, Valley
Garage
No
Parking
Assigned, Carport
Parking Total
12
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 626-594-4900
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/27/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/27/2023 at 9:45 PM UTC